BitMine

BitMine Snaps Up B in Ether in 16 Days, Leads New Wave of ETH Treasury Firms

BitMine Snaps Up $2B in Ether in 16 Days, Leads New Wave of ETH Treasury Firms

BitMine Immersion Technologies has emerged as the largest corporate holder of Ether after acquiring more than $2 billion worth of ETH in just over two weeks, according to a statement released Thursday. Key Takeaways: BitMine has become the largest corporate holder of Ether, acquiring over $2 billion worth in just 16 days. The firm aims […]

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BitMine Immersion aims to stake 5% of Ethereum’s supply as holdings exceed  billion

BitMine Immersion aims to stake 5% of Ethereum’s supply as holdings exceed $2 billion

BitMine Immersion Technologies (BMNR) has strengthened its position as Ethereum’s largest publicly traded holder, with its total ETH portfolio now valued at over $2 billion. In a disclosure on July 24, the company announced that it currently holds 566,776 ETH, acquired at an average price of $3,643 per token. BitMine’s ETH stash now exceeds the

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Ark Invest pivots to BitMine amid rising Ethereum treasury

Ark Invest pivots to BitMine amid rising Ethereum treasury

Cathie Wood’s Ark Invest has shifted its crypto-focused investment strategy, reducing its holdings in Coinbase, Robinhood, and Block in favor of BitMine Immersion, an Ethereum-focused treasury firm. According to Ark’s July 21 trading disclosures, the firm added 4.4 million BitMine Immersion (BMNR) shares to three of its actively managed exchange-traded funds (ETFs). This marks a notable strategic

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